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Announced

Completed

SeSa-backed Var Group completed the acquisition of a 60% stake in Cadlog.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For60%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software solutions

Majority

Private

Completed

Acquisition

Friendly

Italy

Single Bidder

Software

Domestic

Synopsis

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SeSa-backed Var Group, a European platform of software solutions and digital engineering services, completed the acquisition of a 60% stake in Cadlog, a European distributor of software for design, simulation and electronic production. Financial terms were not disclosed. "Thanks to the acquisitions of Cadlog Group and Cimtec, the Sesa Group continues its growth abroad and in digital engineering, in areas with a strong manufacturing intensity and productive relevance, in support of the digitization of European industrial districts, expanding customer sets and human resources . We will develop the skills and innovative solutions successfully tested on the Italian market from a European perspective," Alessandro Fabbroni, Sesa CEO.

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